Grupo Financiero InbursaB de CV (Grupo Financiero InbursaB de CV) Momentum Rank : 10 (As of May. 13, 2024)

View and export this data going back to 2013. Start your Free Trial

What is Grupo Financiero InbursaB de CV Momentum Rank?

Grupo Financiero InbursaB de CV has the Momentum Rank of 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Grupo Financiero InbursaB de CV's Momentum Rank

For the Banks - Regional subindustry, Grupo Financiero InbursaB de CV's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Grupo Financiero InbursaB de CV's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Grupo Financiero InbursaB de CV's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Grupo Financiero InbursaB de CV's Momentum Rank falls into.

Grupo Financiero InbursaB de CV Momentum Rank Related Terms

Thank you for viewing the detailed overview of Grupo Financiero InbursaB de CV's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Grupo Financiero InbursaB de CV (Grupo Financiero InbursaB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Grupo Financiero Inbursa SAB de CV (OTCPK:GPFOF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

GFINBURO:Mexico 4FY:Germany

Address

Av. Paseo de las Palmas 736, Lomas de Chapultepec, Mexico DF, MEX, 11000

Website

http://www.inbursa.com

Grupo Financiero Inbursa SAB de CV is a Mexican financial services company. The company offers retail and commercial banking services. Banco do Brasil serves retail clients (small and midsize enterprises and individuals) and wholesale clients (corporations). The retail segment provides auto loans, mortgage loans, and personal credit cards.

Grupo Financiero InbursaB de CV (Grupo Financiero InbursaB de CV) Headlines

No Headlines